We Are Going To Build A Melted Spray Production Line, But It Takes At Least 2 Months For The Order To Be Installed.

Because of the increased productivity of masks and the shortage of upstream raw materials such as melt blown fabrics, many of the listed companies have converted to masks and raw materials such as melt blown cloth, which will help solve the difficulties downstream.


6 days, 5 days of trading in search of special group Limited by Share Ltd (hereinafter referred to as "search special") in March 4th, publicly stated that the company's wholly-owned subsidiary of Dongguan search special medical supplies Co., Ltd. is also actively promoting the preparation of melt blown fabric production. Currently, for the production of emergency masks, the market is mainly purchased with melted spray cloth. The production of masks and protective clothing is expected to be successfully commissioned in mid March.


This reporter learned that the upstream raw materials of the mask industry are mainly polypropylene and ethylene oxide, among which polypropylene melt spray cloth is the most scarce, and the main disadvantage of melt blown fabric lies in its production equipment. After the production of melt spray cloth, the mask machine used for the next supply and demand is easier to expand. According to news reports, spinneret and blower need to be imported for the key parts of melt spraying equipment. Under normal circumstances, the procurement cycle is 8 months, and installation and commissioning cycle is 2 months, which is a bottleneck in the bottleneck.


According to public information, melt blown non-woven fabrics are mainly made of polypropylene. After melting, they are extruded through a spray nozzle, and the microfiber formed by high speed hot gas flow can reach 0.5-10 microns. The structure of the superfine fiber, which has a large number of pores and a loose structure, has a unique capillary structure to increase the number and surface area of the fiber per unit area, so that the melted fabric has good filtration, shielding, heat insulation and oil absorption. Melt blown non-woven fabrics are widely used in medical and health, thermal insulation materials, filtering materials and other fields.


Polypropylene fiber materials are widely used in downstream applications, of which non-woven fabrics (non manufactured fabrics) account for 70%. The application of non-woven fabrics is divided into two parts: packaging materials (packaging) and health materials (medical and sanitary products), and high melting fibers are mainly used in the field of raw materials. However, there are more products in the field of Wei Cai, not only masks, but also diapers, sanitary napkins, medical bandages and interlining.


According to media reports, the price of melt blown fabric before the outbreak was 18 thousand yuan / ton, due to the serious imbalance of supply and demand structure, the current price continued to rise, and short-term orders have been saturated. After calculation, about 1 grams of melt blown cloth can produce 1 flat mask, and 3.33 grams of melt blown cloth can produce 1 N95 respirators. According to conservative statistics, 1 million N95 mask requires 3.33 tons of melt spray cloth, and 100 million tons of flat mask need 100 tons of melt spraying cloth.


Zhang Kailin, an analyst with Dongxing securities, said that because the core components of melt blown equipment rely mainly on imports, the cost of equipment is also very high. If we invest in a melted cloth production line, from the next order to the installation and production, it will take at least two months, and more than 35 months. From the core material of medical masks, in 2018, the production capacity of melt blown non-woven fabric in China was 83240 tons, and the actual output was 53523 tons. The actual output of melt blown fabric accounted for only about 1% of the overall non-woven fabric market, and the production capacity was relatively limited. From the perspective of the industry structure, the more important melting spray cloth for medical masks could provide less enterprises, and the enterprises involved in the melt blown fabric business were mainly. Concentrated in Jiangsu (23.53%), Zhejiang (13.73%) and Henan (11.76%) provinces, accounting for 49.02% of the country.


However, the development of the epidemic is also not conducive to production. First, Xiantao, Hubei province is an important non-woven production base in the country. The difficulties of Hubei enterprises start up, which is causing great pressure on the supply of high melting point melt blown nonwoven products in China. Two, the efficiency of road transportation is reduced due to the epidemic situation. The production of mask related products has been affected in varying degrees.


According to the insiders, the demand for follow-up masks, protective clothing, disinfection and sterilization products will be further improved in the near future, leading to continuous active activities in the related theme stocks.


Public information shows that the search started with the design and sale of the "frontline" youth casual wear. Since 2015, it has been carrying out strategic transformation since 2015. It has entered the supply chain management and brand management business, especially the supply chain management business. In recent years, it has been developing rapidly, and directly led to the total revenue scale spanning from 1 billion 983 million yuan in 2015 to 18 billion 494 million yuan in 2018, which has increased 9 times in the past two years. In the first three quarters of 2019, the number of sales revenue reached 9 billion 910 million yuan, down 34.88% from the same period last year. Net profit attributable to shareholders of listed companies was 304 million yuan, down 45.98% from the same period last year.